Pink-Slips List
The Klaus Kneale Pink-Slip List (P-SL) for July 2009.
The following Pink-Slip List (P-SL) was compiled by Klaus Kneale.
Job Losses = 15840
July 29: UAL Corp. lets go of 50 in Missouri.
July 29: General Electric fires another 190 in Indiana.
July 29: Intuit dismisses 120 nationwide.
July 27: General Electric dismisses 93 employees from an oil and gas facility in Wisconsin.
July 27: Verizon Communications fires 8000 workers from its wireless business.
July 23: Air Products and Chemicals fired 1150 workers.
July 21: Continental Airlines lets go of 1700 employees.
July 17: Boeing lays off 130 workers in Alabama.
July 16: Harley-Davidson fires 1000 workers from its operations in the states of Wisconsin, Illinois, and Missouri.
July 16: Cisco Systems lets go of 700 workers from its headquarters in San Jose, CA.
July 14: Norfolk Southern lays off 84 workers from one of its Alabama rail yards.
July 13: Navistar International dismisses 275 workers, most of them from Mississippi.
July 8: AGCO Corp. lays of 154 workers in Kansas.
July 6: The 3M Company lets go of 200 workers in Massachusetts.
July 1: The Dow Chemical Company cuts 2500 jobs. The layoffs are a result of the company closing three Louisiana plants.
The Klaus Kneale Pink-Slip List (P-SL) for June 2009.
The following Pink-Slip List (P-SL) was compiled by Klaus Kneale.
Job Losses = 5119
June 29: The Hess Corp. dismisses 270 workers from its Hovensa LLC division.
June 25: News Corp. lays off 35 from Photobucket, a division of Fox Interactive Media.
June 24: Monsanto lays off 900 workers, about 4% of its workforce.
June 24: United Technologies dismisses 200 workers from its subdivision Pratt & Whitney, a jet engine manufacturer. The layoffs were mostly in Connecticut.
June 24: Verizon Communications lets go of 42 employees. The workers were all former Alltel employees.
June 22: Chesapeake Energy lays off 50 workers from its headquarters in Oklahoma City, Okla.
June 16: News Corp.’s MySpace lays off 30% of its workforce, about 420 employees, to focus on innovation.
June 12: Textron announces plans to lay off 1300 employees from its Cessna Aircraft division.
June 9: General Motors production cuts result in 900 layoffs in Missouri.
June 9: Berkshire Hathaway lays off 13 employees in its Borsheim’s jewelry division.
June 5: Intuit maker of Quicken and Turbotax software, cuts 300 employees, or 4% of its workforce.
June 2: Deere & Co. lays off 689 in Iowa as part of ongoing reductions.
The Klaus Kneale Pink-Slip List (P-SL) for May 2009.
The following Pink-Slip List (P-SL) was compiled by Klaus Kneale.
Job Losses = 23704
May 30: Deere & Co lays off 89 in North Dakota and 16 in Louisiana as part of ongoing reductions.
May 29: Cintas projects worse than expected fourth quarter results and lays off 650 workers.
May 22: Monsanto lays off 55 in Mississippi as part of manufacturing facilities consolidation.
May 21: UPS’s airlines arm cuts 80 mechanics on slump in shipping volume.
May 19: Hewlett-Packard announces 17% decline in quarterly profit and reduces workforce by 2% (6400 workers).
May 19: Medtronic cuts executive pay by 5%, freezes salaries and slashes upwards of 1800 jobs.
May 18: American Express reduces global workforce by 6% (4000 jobs) adding to a 7000 employee cut announced last October.
May 15: Following review of operations announced in February, Nike cuts 1750 jobs (5% of total workforce).
May 15: Fruit of the Looma Berkshire Hathaway. A subsidiary pink-slips 80 in Alabama.
May 12: Applied Materials posts quarterly loss and increases previously announced job cuts by 300.
May 11: Dell slashes 260 jobs in North Carolina and blames the economy.
May 7: Cummins Indiana plant that supplies Chrysler and lays off 610 workers.
May 7: DuPont to December job cut of 2500 with another 2000 employee cut.
May 6: Wells Fargo freezes pension plans and fires 548 in North Carolina.
May 5: Microsoft pink-slips a second 5000 employees following its initial January layoff.
May 5: Allstate closes claims office in Florida and lays off 66 employees.
The Klaus Kneale Pink-Slip List (P-SL) for April 2009.
The following Pink-Slip List (P-SL) was compiled by Klaus Kneale.
Job Losses = 19247
April 28: On top of 1850 layoffs announced in January, Clear Channel slashes 590 jobs, bringing cuts to 12% of its original workforce total.
April 27: Lockheed Martin dismisses 225 in New York; cites lost business for Presidential Helicopter Program.
April 27: PPG Industries lays off 110 at fiberglass plant in North Carolina.
April 27: CSX fires more than 150 at New York rail yard.
April 27: General Motors increases originally planned cuts to its U.S. hourly workforce by 8000.
April 24: Carrier Corporation a subsidiary of United Technologies cuts 140 hourly workers.
April 23: Embarq closes call center in North Carolina and dismisses 51 workers.
April 22: Philip Morris International closes North Carolina cigarette plant and fires 1100 workers.
April 22: T. Rowe Price Group reduces workforce by 5.5% (288 jobs), hitting all areas of the company except portfolio managers.
April 22: Capital One Financial cuts 60 employees in its credit card division.
April 20: Brown-Forman Corp. pink-slips 250 workers, or 6% of its global workforce.
April 21: Yahoo! reports 78% drop in first-quarter profit and 5% cut in global workforce (roughly 675 employees).
April 20: Nordstrom cuts 72 jobs in Iowa and Washington.
April 18: Weyerhaeuser closes trucking division in Oregon and cuts 75 jobs.
April 15: Emerson Electric subsidiary in Tennessee fires 200 workers at plant that makes industrial generators.
April 14: Discover Financial Services blames credit losses for 4% workforce reduction (500 jobs).
April 14: Deere & Co. combines two units resulting in 200 pink-slips.
April 13: General Electric fires 100 workers at plant in North Carolina on reduced demand for the plant’s products.
April 9: General Electric’s health care arm fires 179 in Wisconsin.
April 9: Johnson & Johnson cuts 900 jobs in its U.S. pharmaceuticals division as competition in drugs pushes prices down.
April 8: Eastman Chemical notifies 300 employees of layoff; 200 of the cuts are in Tennessee, where the company is based.
April 8: Navistar International pink-slips 350 workers at plant in Ontario.
April 8: Deere & Co. fires 160 workers in Iowa factory in latest of ongoing cuts.
April 6: Weakness in solar power forces General Electric to layoff 85 at solar-panel plant in Delaware.
April 6: Procter & Gamble dismisses 90 workers at Puerto Rico plant that makes skin care products and cold medicine.
April 3: FedEx fires 1000 following a 75% drop in third-quarter earnings announced last month.
April 3: Walt Disney Co. cuts 1900 jobs 1200 people and 700 empty positions at its U.S. theme parks.
April 2: Rite Aid closes a distribution center in Georgia and lays off 297 workers.
April 1: 3M slashes global workforce by 1.5% (1200 jobs) following a December cut of 2300 workers.
The Klaus Kneale Pink-Slip List (P-SL) for March 2009.
The following Pink-Slip List (P-SL) was compiled by Klaus Kneale.
Job Losses = 37429
Mar. 31: Cardinal Health pink-slips 800 workers as part of cost cutting efforts.
Mar. 31: Deere & Co. places 40 Illinois employees on indefinite layoff.
Mar. 30: KLA-Tencor lays off 10% of its workforce which comes to roughly 500 employees.
March 27: Wal-Mart Stores closes Ohio facility and lays off 650 workers.
March 26: Agilent Technologies freezes share-buyback program and cuts 2700 jobs.
March 26: Google institutes second round of layoffs by pink-slipping 200 workers.
March 25: Shaw Industries–a Berkshire Hathaway subsidiary–closes two plants, idling 600 workers.
March 25: Constellation Brands reduces workforce by 5% (400 workers) following decline in wine sales.
March 25: IBM slashes workforce in U.S. by more than 4%, or roughly 5000 workers.
March 24: Legg Mason lays off 120 to adjust to its current business needs.
March 24: Synovus Financial dismisses 200 employees following a 650-worker layoff in September.
March 24: Cummins fires 127 workers when voluntary layoff fails to entice enough to leave.
March 22: Freeport-McMoRan pink-slips 50 employees at Denver mine.
March 19: Lam Research pink-slips 375 or 10% of the company’s workforce.
March 17: Caterpillar adds another 2454 layoffs to a growing total, as construction equipment demand continues to be weak.
March 17: A Corning subsidiary cuts 200 jobs at North Carolina plant.
March 17: Weyerhaeuser continues ongoing layoffs and production cuts by closing two lumber mills and firing 307 workers.
March 16: TRW Automotive Holdings continues ongoing cuts with 42 salaried employees in Wisconsin and Minnesota.
March 13: Baker Hughes pink-slips 1500 (about 4% of workforce)–this follows a layoff of the same number back in January.
March 13: PPG Industries lowers first-quarter expectations and lays off 2500.
March 13: Sunoco fires 750 salaried workers–about a fifth of its workforce.
March 12: Weyerhaeuser cuts 59 workers at a mill in Oregon.
March 11: AMR dismisses 323 flight attendants in response to travel slump.
March 10: Lowe’s closes lighting and ceiling fan distribution center; fires 82.
March 10: Principal Financial Group cuts 60 jobs in its health arm (20 at headquarters).
March 10: United Technologies reduces workforce by 5% (11600 jobs globally).
March 6: Deere & Co. fires 325 employees at plants in Iowa on weak construction equipment demand.
March 4: Northrop Grumman targets administrative positions in California with 750-worker layoff.
March 4: Heil–a subsidiary of Dover that makes waste and recycling trucks–cuts 180 jobs.
March 4: General Dynamics pink-slips 1200 as turbulence in the aerospace sector continues.
March 3: U.S. Steel closes two plants in Ontario, affecting 1500 jobs and sparking frustration in Canadians over “U.S. protectionism.”
March 3: FirstEnergy reduces non-union staff by 4% (335 workers) to reduce costs.
The Klaus Kneale Pink-Slip List (P-SL) for February 2009.
The following Pink-Slip List (P-SL) was compiled by Klaus Kneale.
Feb. 13: Wal-Mart Stores (nyse: WMT) closes return center and lays off its 400 employees.
Feb. 11: United Technologies (nyse:UTX) jet engine subsidiary Pratt & Whitney Canada cuts 10% of workforce (1000 workers).
Feb. 11: W.W. Grainger (nyse: GWW) cuts 400 jobs across the company on poor sales.
Feb. 11: Caterpillar (nyse: CAT) offers voluntary early retirement to 2000 workers, on top of some 22000 layoffs from last month.
Feb. 10: News Corp (nasdaq: NWS) fires 65 at its U.K. national newspaper titles.
Feb. 10: U.S. Airways Group (nyse: LCC) cuts 233 ramp workers, gate associates and ticket agents in response to reduced flying.
Feb. 10: Nike (nyse: NKE) reduces workforce by up to 4% (1400 workers) as it restructures.
Feb. 10: General Motors (nyse: GM) cuts 10000 workers and reduces pay for most of its remaining white-collar workers.
Feb. 10: General Electric’s (nyse: GE) transportation arm fires 1550.
Feb. 10: Wal-Mart Stores (nyse: WMT) pink-slips 800 at its headquarters to trim spending.
Feb. 9: Emerson Electric (nyse: EMR) lays off 14000 following 7000 dismissals since October of last year.
Feb. 6: Weyerhaeuser (nyse: WY) shuts down veneer and lumber mills in Alabama, affecting 300 workers.
Feb. 5: Estée Lauder (nyse: EL) fires 6% of workforce (2000 employees) as part of a four-year restructuring plan.
Feb. 5: Fortune Brands (nyse: FOPRA) subsidiary MasterBrand Cabinets lays off a third of its workers at its Oregon plant.
Feb. 5: The Wall Street Journal–owned by News Corp. (nyse: NWS)–cuts 25 positions from newsroom.
Feb. 5: Botox maker Allergan (nyse: AGN) offers first-ever consumer rebate on its wrinkle killer, posts quarterly profit decline and cuts 5% of staff (460 workers).
Feb. 4: Time Warner Cable (nyse: TWC)–84% owned by Time Warner (nyse: TWX)–dismisses 1250 on bad fourth-quarter results.
Feb. 4: Cisco Systems (nasdaq: CSCO) CEO John Chambers says revenue will be down more than expecting and pink-slips 2000 workers.
Feb. 3: Huntington Bancshares (nasdaq: HBAN) freezes salaries, cuts bonuses and 401(k) matching for employees, and fires 500.
Feb. 3: PNC Financial Services (nyse: PNC) cuts 5800 jobs following the purchase of National City (nyse: NCC – news – people ).
Feb. 3: Comcast (nasdaq: CMCSA) reduces management and “professional-level” ranks by 50 jobs.
Feb. 3: Electronic Arts (nasdaq: ERTS) increases previously announced layoffs by 100.
Feb. 2: Goodrich (nyse: GR) fires 35, but doesn’t expect anymore layoffs.
Feb. 2: Macy’s (nyse: M) cuts dividend and capital spending, reduces contributions to retirement plans and pink-slips 7000 workers.
http://www.forbes.com/2009/02/05/february-layoffs-fires-lead-cx_kk_0109february09layoffs.html
The Klaus Kneale Pink-Slip List (P-SL) for January 2009.
The following Pink-Slip List (P-SL) was compiled by Klaus Kneale.
Job losses = 165,662
Jan. 30: Sears Holdings (nasdaq: SHLD) dismisses 300 corporate employees as consumer spending slumps.
Jan. 29: Broadcom (nasdaq: BRCM) cuts about 3% of workforce (200 workers) and tightens discretionary spending.
Jan. 29: International Game Technology (nyse: IGT) cuts 200 from its manufacturing sector.
Jan. 30: Caterpillar (nyse: CAT) increases previous layoffs from 20000 to 22110, and share price hits 52-week low.
Jan. 29: Eastman Kodak (nyse: EK) took a $137 million Q4 loss and will cut up to 4500 jobs, up to 18% of workforce.
Jan. 29: Textron (nyse: TXT) subsidiary Cessna Aircraft will increase layoffs from 2600 to 4600, to be completed by April.
Jan. 29: Ford’s (nyse: F) credit subsidiary cuts 1200 jobs, about 20% of its workforce.
Jan. 29: Black & Decker (nyse: BDK) will eliminate 1200 jobs as power tool sales decline and Q4 earnings plunge.
Jan. 29: ESPN, part of the Walt Disney Co. (nyse: DIS), (nyse: DIS) will cut 200 jobs and Disney-ABC Television Group will release 400 to cope with weak economy.
Jan. 28: Boeing (nyse: BA) increases previously announced layoffs–bringing total to 10000 workers, or 6% of the company’s workforce.
Jan. 28: Starbucks (nasdaq: SBUX) organizes closings at 900 stores worldwide and fires 6700 in the process.
Jan. 28: Target (nyse: TGT) cuts 400 open positions and 600 employees on sagging sales.
Jan. 27: Time Warner’s (nyse: TWX) AOL reduces workforce by 10% (700 workers) as it fights declining ad revenue.
Jan. 27: Cabinet company Merillat–a subsidiary of Masco (nyse: MAS)–cuts 20% of workforce (70 workers).
Jan. 26: Texas Instruments (nyse: TXN) pink-slips 3400 (12% of workforce).
Jan. 26: IBM (nyse: IBM) selects 4000 to participate in its “current resource reduction action.”
Jan. 26: Lincoln National (nyse: LNC) posts five quarterly declines in profit; cuts 540 (5% of workforce).
Jan. 26: Caterpillar (nyse: CAT) announces quarterly profit plunge of 32%; fires 20000.
Jan. 26: Following the acquisition of the small drug outfit Wyeth for $68 billion, Pfizer (nyse: PFE) closes five factories and cuts 15% of total workforce (19000 workers).
Jan. 26: Sprint Nextel (nyse: S) pink-slips 8000 workers–recording more than $300 million in severance charges but saving $1.2 billion a year in labor costs.
Jan. 26: Home Depot (nyse: HD) closes high-end home design shops and slims ranks at headquarters; dismisses 7000.
Jan. 26: General Motors (nyse: GM) cuts production at several plants and fires 2000 in Michigan and Ohio.
Jan. 23: Brazil-based Deere & Company (nyse: DE) subsidiary lays off 502 employees.
Jan. 23: Abercrombie & Fitch (nyse: ANF) cuts 50 from headquarters as company leans expenses.
Jan. 23: Harley-Davidson (nyse: HOG) sees 60% drop in profits in fourth quarter of 2008; fires 1100 (10% of workforce).
Jan. 22: Microsoft (nasdaq: MSFT) has first mass layoff in 34-year history; pink slips 5000.
Jan. 22: Huntsman (nyse: HUN) reduces workforce by 9%; cutting 1175 regular workers and 490 full-time contractors.
Jan. 21: Burlington Santa Fe cuts 2500 workers (5% of workforce) despite a 19% jump in earnings during the fourth quarter.
Jan. 21: UAL (nasdaq: UAUA) fires 1000 to cut overhead costs.
Jan. 21: SPX (nyse: SPW) attempts to sell a business unit and cuts 400 employees to help endure the downturn.
Jan. 21: Intel (nasdaq: INTC) closes five manufacturing plants and pink slips 5000.
Jan. 21: Walt Disney (nyse: DIS) offers voluntary buyouts to 600 theme park executives on poor attendance.
Jan. 21: Wynn Resorts wraps up construction on Las Vegas Strip casino with 53-worker layoff in design and construction affiliate.
Jan. 21: Eaton (nyse: ETN) brings total workforce reduction since the beginning of last year to 10% with 5200-worker cut.
Jan. 21: Warner Bros. Entertainment–a part of Time Warner (nyse: TWX)–cuts 10% (800) of its jobs.
Jan. 20: Clear Channel Communications (nyse: CCU) reduces workforce across the entire company by 9% accounting for 1,850 job losses.
Jan. 20: Deere & Co. (nyse: DE) dismisses 120 at Iowa plant.
Jan. 16: ConocoPhillips (nyse: COP) trims capital spending by 18%, writes off $34 billion and reduces workforce by 4% (1300 jobs).
Jan. 16: Hertz Global Holdings (nyse: HTZ) sets out for worldwide restructuring in first quarter of 2009; cuts 4000 jobs.
Jan. 16: WellPoint (nyse: WLP) reduces workforce by 600 and removes 900 open positions.
Jan. 16: Advanced Micro Devices (nyse: AMD) reduces global workforce by 9% (1100 jobs).
Jan. 15: Xerox (nyse: XRX) cuts 275 jobs in New York region.
Jan. 15: MeadWestvaco (nyse: MWV) fires 2000 and plans closings or restructurings at up to 14 plants.
Jan. 15: Autodesk (nasdaq: ADSK) expects loss from 2008 fourth quarter; pink-slips 750 (10% of workforce).
Jan. 15: Marshall & Ilsley (nyse: MI) cuts 8% of staff (830) in ongoing cost-cutting.
Jan. 15: General Electric (nyse: GE) news) people )’s (nyse: GE) jet-engine group cuts 1000 white-collar jobs.
Jan. 14: Ecolab (nyse: ECL) restructures and reduces workforce by 4% (1000 jobs).
Jan. 14: Delta Air Lines (nyse: DAL) gives 2000 early retirements as part of 8% capacity reduction.
Jan. 14: Motorola (nyse: MOT) lays off 4000 following a 3000-worker layoff last year; expects savings of $700 million a year.
Jan. 14: Google (nasdaq: GOOG) fires 100 hirers as it cuts back on contract workers and temporary employees.
Jan. 13: Cummins (nyse: CMI) freezes salaries for the rest of the year and lets 800 go.
Jan. 13: Pfizer (nyse: PFE) cuts 800 researchers as it lowers cost in the face of poor performance and coming patent losses.
Jan. 12: Mosaic (nyse: MOS) fires 1000 in Saskatchewan.
Jan. 12: Aircraft maker and Textron (nyse: TXT) subsidiary Cessna sends 2000 packing.
Jan. 12: Best Buy (nyse: BBY) clears 12.5% of its headquarters staff with 500-employee layoff.
Jan. 12: Precision Castparts (nyse: PCP) dismisses 40 as airline industry continues to struggle.
Jan. 9: Oracle (nasdaq: ORCL) reportedly cuts 500 from U.S. sales and consulting businesses.
Jan. 9: Boeing (nyse: BA) cuts 4500 and returns workforce size to what it was in early 2008.
Jan. 9: Freeport-McMoRan (nyse: FCX) slices workforce in half at Arizona mine; 1550 workers let go.
Jan. 9: Smitfield Foods’ (nyse: SFD) Butterball–the nation’s largest turkey company–fires 75 at Missouri plant.
Jan. 8: Union Pacific (nyse: UNP) pink-slips 230 as company struggles; stock down 22% year-to-date.
Jan. 8: Navy shipbuilder Bath Iron Works–owned by General Dynamics (nyse: GD)–dismisses 179.
Jan. 8: Continuing companywide job cuts at Eaton (nyse: ETN) hit Iowa, with 78 laid off.
Jan. 8: Walgreen (nyse: WAG) cuts 1000–roughly 9%–from corporate and field manager ranks.
Jan. 7: EMC (nyse: EMC) fires 2400 as it reduces 2009 expenses by $350 million.
Jan. 6: Alcoa (nyse: AA) starts global salary and hiring freeze, plans sale of four non-core businesses and cuts workforce by 13% (13500 jobs).
Jan. 6: Aqua Glass–a subsidiary owned by Masco (nyse: MAS)–pink-slips 30 employees.
Jan. 5: Cigna (nyse: CI) reduces workforce by 4% (1100 jobs).
Jan. 5: United States Steel (nyse: X) cuts 50 jobs as it closes production lines in Texas.
